Inner Spirit Holdings Ltd. Launches New Company Website

CALGARY, Alberta (March 13, 2018) — Inner Spirit Holdings Ltd. (“Inner Spirit” or “the Company”), a specialty retailer and franchisor establishing recreational cannabis dispensaries across Canada under the Spiritleaf brand, today launched its new corporate website: www.innerspiritholdings.com. Having achieved significant franchising, financing and strategic partnership milestones, while growing a portfolio of proprietary brands, The Company is pleased to share news of its progress and provide future updates through its new web presence.

​​​​​​​​​ “With more than 200 shareholders, 100 franchise partners and the goal of taking the Company public, we wanted to ensure that we have a first class digital presence that matches the values of our Company and the people invested in us,” said Darren Bondar, President & CEO of Inner Spirit. The Company continued its creative partnership with Flipp Marketing and worked collaboratively with their team to help create a website that captures the Inner Spirit community and serves as a trusted resource for its stakeholders.

“As we approach the expected recreational cannabis legalization date, our focus is on ensuring that we have the best infrastructure and partnerships in place,” says Cecil Horwitz head of business development. The Company is actively working on securing locations and licenses for its franchise partners and putting the final touches on its anticipated flagship store to be located near the Company’s headquarters in Calgary, Alberta.

Inner Spirit is simultaneously developing its premium proprietary recreational cannabis brands in collaboration with its strategic partner, Cannabis Wheaton Income Corp. (“Cannabis Wheaton”; TSXV:CBW) and carefully selecting additional products that it will feature in its stores. “We are always identifying potential partners and diversification opportunities that will strengthen the offerings for our customers and provide additional value for our shareholders. With the backbone of a passionate and growing community of stakeholders, strong strategic relationships and experienced management, we are well positioned to become a leader in the prospective recreational cannabis market.,” says Horwitz.

About Inner Spirit

Inner Spirit is applying its successful retail franchising model to the recreational cannabis market. The first and only Canadian cannabis company to be granted Canadian Franchise Association Membership, Inner Spirit is establishing a chain of recreational cannabis dispensaries under its Spiritleaf brand, with the vision of becoming an iconic Canadian brand, and the nation’s leading recreational cannabis retail chain. Spiritleaf aims to be the most knowledgeable and trusted source of recreational cannabis, offering a premium consumer experience with its own brand of high-quality products.

Forward Looking Statements: Except for the historical information presented herein, matters discussed in this release may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. In particular, there is no assurance that the Canadian provincial governments will permit the sale of recreational cannabis at all or if so, subject to what regulatory framework, or that recreational cannabis use will be legalized in Canada in July 2018 or at all.